Forbes Magazine just named make-up and fashion mogul Kylie Jenner the youngest ‘self-made’ billionaire ever
At only 21-years-old she has built up her brand Kylie Cosmetics into an empire. There was lip-kit mania over her signature product that became a must-have for every make-up junkie out there. At first, the lip-kits were only available for sale online or at pop-up shops that people were willing to sleep outside for access to. Her money mile-stone came last November when she signed an exclusive distribution deal with make-up retailer Ulta for over 1,000 of their stores. Following the deal, Kylie Cosmetics jumped up a 9% revenue. Forbes estimates the company is worth at least $900 million.
When you combine her cosmetics with her other business ventures the magazine reports that there is no question she is worth an estimated $1 billion dollars – pushing Facebook CEO Mark Zuckerberg out of the spot of youngest-ever self-made billionaire. Well a spade is a spade and a billionaire is a billionaire, but people everywhere feel uneasy with the term ‘self-made.’ If you have been keeping up with the Kardashian-Jenners or even give them a quick google you will know that this might not be an accurate term.
Dictionary.com took it upon themselves to challenge the term ‘self-made’
Other people agreed with the tweet and shared their opinions
Not everyone hated on the young businesswoman and tried to give her at least some credit for her achievement
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